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Calculate a depreciation schedule for six years using

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Case Study: the car wash built a deluxe car wash across the street from campus, the new machines cost $252,000 including installation. the company estimates that the equipment will have a residual value of $24000. the car wash also estimates it will use the machine for six years or about 12000 total hours. actual use per year was

year hours used

1 3,000

2 1,700

3 1,800

4 2,200

5 2,000

6 1,300

Question: calculate a depreciation schedule for six years using the activity-based method. (round your depreciation rate to 2 decimal places and use this amount in all subsequent calculations.

 

Reference no: EM133526509

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